|By Business Wire||
|March 28, 2014 10:00 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/jpm72m/global) has announced the addition of the "Global High-performance Computing Server Market 2014-2018" report to their offering.
The analysts forecast the Global High-performance Computing Server market to grow at a CAGR of 7.78 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in Big Data. The Global High-performance Computing Server market has also been witnessing the emergence of cloud-based HPC solutions.
Key vendors dominating this space are Cray Inc., Dell Inc., Hewlett-Packard Co., IBM Corp., and Silicon Graphics International Corp.
Other vendors mentioned in the report are Bull SAS, Dawning Information Industry Co., Fujitsu Ltd., Hitachi Data Systems, and NEC Corp.
Commenting on the report, an analyst from the team said: The market has recently witnessed the emergence of cloud-based HPC solutions, referred to as HPCaaS. Although cloud-based HPC accounts for a very small portion of the overall market, its deployment is gaining popularity in some organizations. These organizations are using cloud-based HPC solutions to improve operational efficiency in a cost-effective manner. It optimizes the business process and increases organizations' profits, thereby enhancing the productivity and competitive advantage. However, most cloud deployments are being done through private cloud models, rather than public cloud, due to data security and other concerns.
According to the report, there are many factors driving the growth of the Global HPC Server market, one of the main growth drivers is the increase in big data. In the current business environment, every organization, irrespective of its size, stores a considerably large amount of data. The importance of a big data solution increases with the growth of the business.
For more information visit http://www.researchandmarkets.com/research/jpm72m/global
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